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1 bed flat
Marsh Parade, Newcastle Under Lyme ST5
£93,000
Marsh Parade, Newcastle Under Lyme ST5
£93,000
Our Summary
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- Investment potential detailed below (Let Property Pack)
Description
This 1-bedroom flat in Newcastle Under Lyme is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a comfortable bedroom, modern bathroom, and welcoming reception room, with the added convenience of shared private parking. Currently, the property generates an annual gross income of £8,100 with tenants already situated, providing a strong potential return on investment. The tenants have been long-term residents, consistently paying their rent, and have no plans to move out. With its close proximity to amenities and potential for future rental income, this property is a worthwhile addition to any investor's portfolio.